Beatrice Foods

Beatrice Foods Company was a major American food conglomerate founded in 1894. One of the best-known food processing companies in the U.S., Beatrice owned many well-known brands such as Tropicana, Krispy Kreme, Jolly Rancher, Orville Redenbacher's, Swiss Miss, Peter Pan, Avis, Milk Duds, Samsonite, Playtex, La Choy and Dannon.

Beatrice Foods Company
Company typeFood processing
Founded1894 (1894)
FoundersGeorge Everett Haskell
William W. Bosworth
Defunct1990 (1990) (in the U.S.)
FateAcquired by ConAgra Foods
SuccessorConagra Brands
HeadquartersIrvine, California, U.S.
Downers Grove, Illinois, U.S.
Chicago, Illinois, U.S.
Key people
  • Wallace Rasmussen (chairman & CEO, 1976-1980)
ProductsFood
Chemical
Consumer Products
Brands
RevenueUS$4 billion (1975)
Net income
US$206 million (1976)
ParentConagra Brands

In 1987, its international food operations were sold to Reginald Lewis, a corporate attorney, creating TLC Beatrice International, after which the majority of its domestic (U.S.) brands and assets were acquired by Kohlberg Kravis Roberts, with the bulk of its holdings sold off. By 1990, the remaining operations were ultimately acquired by ConAgra Foods.

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